Flat 1 15 Otterburn Terrace

    FLAT 1 15, OTTERBURN TERRACE, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE2 3AP

    This flat/maisonette leasehold property on Otterburn Terrace last sold in November 2001 for £50,000. Based on price growth in the NE2 district since then, its estimated current value is £118,280 — placing it in the 6th percentile nationally and the 4th percentile within NE2. The property covers 36 m² (388 sq ft), giving an estimated value of £3,286 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    388 sq ft

    36 m²

    Last Sale Price

    £50,000

    Nov 2001

    Estimated Valuation

    £118,280

    Est. £/sq ft

    £305/sq ft

    £3,286/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area388 sq ft (36 m²)
    EPC dateNov 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Nov 2001

    £50,000

    Key Metrics

    Estimated valuation£118,280
    Value per sq ft / m²£305/sq ft (£3,286/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile4th percentile
    National percentile6th percentile

    District Context — NE2

    NE2 covers central Newcastle upon Tyne, including the city centre and surrounding urban neighbourhoods. It is characterised by a young, student-dominated population within a vibrant urban setting with strong rental demand.

    Average Property Price - NE2

    £361,932

    59

    National percentile

    Average Net Household Income - NE2

    £28,827

    6

    National percentile

    10-Year Annualised Price Growth - NE2

    2.6%

    18

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE2

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